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Litigants Reach a Settlement
In Dispute on Cantor Control

The two sides waging a bitter battle for control of bond broker Cantor Fitzgerald L.P. said after an overnight bargaining session that they reached a settlement.

Under the pact, the ailing founder of the firm and his wife will withdraw as general partners and eventually sell part of their interest in the firm back to Cantor. Terms of that purchase weren't disclosed.